Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A customer entered the wrong account number on the memo line of the check mailed to the company. Consequently, another customer's account was credited for

image text in transcribedimage text in transcribed

A customer entered the wrong account number on the memo line of the check mailed to the company. Consequently, another customer's account was credited for that payment. The most effective way to prevent such problems 6) would be to use a. Turnaround documents b. A validity check of customer account numbers c. Closed loop verification d. Check digit verification of customer account numbers 7) Which input control is designed to prevent a buffer overflow attack? a. Size check b. Reasonableness test c. Range check d. Field check 8) A data entry application control that is designed to ensure that the total debits in a journal entry equal the total credits is called a a. Sign check b. Hash total c. Reasonableness check d. Zero-balance check e. Financial total 9) An application control that compares the amount of an employee's raise to that employee's existing salary is called a(n): a. Limit check b. Range test c. Reasonableness test d. Check digit verification e. Size check 10) An organization uses batch processing to generate customer invoices. During the process, the computer sums the invoice number field for all invoices in the batch and the billing clerk then compares that number to the same total that the clerk calculated prior to processing. That calculation (the sum of the sales invoice numbers) is a type of batch total called a: a. Record count b. Financial total c. Hash total

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Cultures Anthropological Studies In Accountability Ethics And The Academy

Authors: Marilyn Strathern

1st Edition

0415233275, 978-0415233279

More Books

Students also viewed these Accounting questions

Question

Which of these seems to be a good idea?

Answered: 1 week ago